Reliance Jio gets a big loan as Indians embrace 5G

Reliance Jio Infocomm has reportedly secured a multi-billion-dollar loan to enable it to buy 5G equipment, coinciding with reports that Indian consumers are getting hooked on the new generation of mobile tech.
India’s biggest mobile operator has inked a loan deal worth US$1.5 billion-$2 billion with HSBC specifically to fund the purchase of 5G network equipment from Nokia, the Economic Times reported, citing people familiar with the situation. Finland’s Finnvera has provided insuranc